Magnitude Tower Private Limited

Real estate company specializing in land acquisition, development, and operation of various properties.

2013 | Kolkata, West Bengal (India) | Active
Last Updated: December 17, 2024

Magnitude Tower Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 110.00 Cr
  • Revenue Growth %
  • Profit Growth -32.31%
  • Ebitda -11.18%
  • Net Worth -6.37%
  • Total Assets -6.30%

About Magnitude Tower

Magnitude Tower Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 2013 and has a history of 11 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹110.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bijay Swain and Biswajit Ghosh serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102WB2013PTC196750

  • Company No.

    196750

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Magnitude Tower?

Board Members (2)

NameDesignationAppointment DateStatus
Bijay Swain Country flag representing In Director 30-Sep-2020Current
Biswajit Ghosh Country flag representing In Director 26-Dec-2018Current

Financial Performance of Magnitude Tower.

Magnitude Tower Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 32.31% decrease in profit. The company's net worth dipped by a decrease of 6.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-6.30%
Profit or Loss
-32.31%
Net Worth
-6.37%
EBITDA
-11.18%

What is the Ownership and Shareholding Structure of Magnitude Tower?

In 2021, Magnitude Tower had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,100.00 M

Charges Breakdown by Lending Institutions

  • Tata Capital Housing Finance Limited : 110.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2019Tata Capital Housing Finance Limited₹110.00 CrSatisfied

How Many Employees Work at Magnitude Tower?

Unlock and access historical data on people associated with Magnitude Tower, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnitude Tower, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnitude Tower's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magnitude Tower

Recent activity within the organization

  • Annual General Meeting

    Magnitude Tower Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnitude Tower Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 10 Aug 2019 via Charge ID 100285572 with Tata Capital Housing Finance Limited was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Director Appointment

    Bijay Kumar Swain was appointed as a Director was appointed as a Director on 30 Sep 2020 & has been associated with this company since 4 years 4 months .

    30 Sep 2020

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 1,100.00 M with Charge ID 100285572 was registered on 10 Aug 2019.

    10 Aug 2019

  • Director Appointment

    Biswajit Ghosh was appointed as a Director was appointed as a Director on 26 Dec 2018 & has been associated with this company since 6 years 2 months .

    26 Dec 2018

Frequently asked questions

  • Magnitude Tower Private Limited was incorporated on 26 Aug 2013.

  • The authorized share capital of Magnitude Tower Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnitude Tower Private Limited.

    • Bijay Kumar Swain
    • Biswajit Ghosh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnitude Tower Private Limited is 109 Park Street 2Nd Floor India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Magnitude Tower Private Limited is U70102WB2013PTC196750 and the company number is 196750 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magnitude Tower Private Limited has experienced an downturn of -6.37%.

  • The most recent Balance Sheet for Magnitude Tower Private Limited was filed with the ROC on 31 Mar 2024.

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